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Ailsa Craig Mortgage Information

Average Mortgage Loan in Ailsa Craig: $123,180

How Ailsa Craig Ranks in Ontario for Mortgage Business

The following table lists how Ailsa Craig ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.

RankLocation Contribution
421BAYSVILLE, ON 0.010%
422ASHBURN, ON 0.010%
423FREELTON, ON 0.010%
424BRUCE MINES, ON 0.010%
425SYDENHAM, ON 0.010%
426AILSA CRAIG, ON 0.010%
427OXFORD STATION, ON 0.010%
428ASHTON, ON 0.010%
429VITTORIA, ON 0.010%
430MOUNTAIN GROVE, ON 0.010%
431ST CHARLES, ON 0.010%

Types of Mortgage Inquiries Received from Ailsa Craig


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 33.3%
First-time Home Buyer: 33.3%
New Home Purchase: 16.7%
Refinance / Debt Consolidation: 16.7%
 
Total Application Types Found: 4

Age Demographics for Ailsa Craig Mortgages

Average age: 37
Oldest age: 54
Youngest age: 26


Incomes for Ailsa Craig Mortgages

The figures below represent the average income of people living in Ailsa Craig who have submitted an inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Ailsa Craig: $64,004.83
applicants within all of Canada: $60,852.54
Difference: $3,152.29
  

Note: Commercial loans were not included for this section, only home loans were used.


Last mortgage report update for Ailsa Craig: Friday, July 1, 2016
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An amortization is the amount of time scheduled to completely pay off a loan, and the amortization length you choose is important in shaping how much you'll end up paying for your home. While the Government of Canada's national housing agency caps the amortization period for high-ratio mortgages at 25 years, and that is the most popular amortization length in Canada, amortizations can range anywhere from 5 to 30 years for uninsured mortgages. Try our easy to use mortgage calculator to see how changing the amortization length affects your loan payments.
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